Gift Nifty flat, Asian shares trade lower; Check out key triggers for Indian stock market
Indian market scaled record high for the fourth consecutive session on Tuesday led by robust foreign capital inflow amid optimism over the country’s bright macroeconomic outlook. Also Read: Buy or sell: Vaishali Parekh recommends buying in 3 stocks today — 5 July Japan’s Nikkei 225 declined 0.36% and the Topix fell 0.5%. South Korea’s Kospi gained 0.15% and the Kosdaq rose 0.11%.
Hong Kong’s Hang Seng index futures were trading around 150 points lower at 19,265. In Australia, the S&P/ASX 200 fell marginally. Meanwhile, Gift Nifty was trading 13.50 points, or 0.07%, higher at 19,507, indicating a flat start for the broader Indian index.
The US stock market was closed on Tuesday for Independence Day. However, the US stock futures traded lower. The Dow Jones Industrial Average futures fell 0.11%, while S&P 500 futures declined 0.9% and Nasdaq Composite futures fell 0.17%.
On Monday, the Dow Jones Industrial Average rose 10.87 points, or 0.03%, at 34,418.47. The S&P 500 gained 5.21 points, or 0.12%, at 4,455.59. The Nasdaq Composite added 28.85 points, or 0.21%, at 13,816.77.
Also Read: Day trading guide for today: 6 stocks to buy or sell for Wednesday — July 5 European stocks fell on Tuesday, led by real estate and healthcare shares. The pan-European STOXX 600 index ended 0.1% higher. Britain’s FTSE 100 eased 0.1% to 7,519.72 points, while France’s CAC 40 dropped 0.23% to 7,369.93.
Germany’s DAX fell 0.26% to 16,039.17. Crude oil prices eased as fears over a global economic slowdown denting fuel demand outweighed expectations of tighter supply due to output cuts announced by top exporters Saudi Arabia and Russia for August. Brent crude was down 0.2% at $76.11 a barrel, while US West Texas Intermediate (WTI) crude futures
. Read more on livemint.com
